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We expect a $0 movement on 6C within the next 48 hours.

We expect a $0 movement on 6C within the next 48 hours. We expect 6C to trend upwards 48 hours following the Balance of Trade events in Germany release because the released value is > € 14B. A price movement of 0 pips is expected.

Historical events that allowed us to draw this conclusion

09 Dec 07:00
10 Oct 06:00
09 Sep 06:00
07 Jun 06:00
10 May 06:00
08 Apr 06:00
11 Mar 07:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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